PAHAHAHAHAHHAH HAHAHAHA HA!!!
Yes, that is some horrible box art. Ironically, it looks a lot better than the original box art for the US release of Mega Man 1. PA HA HA HA HA!!
But seriously, that thing is hideous, but purposely hideous. If you're at E3, you may be lucky enough to leave the show with one of these t-shirts. I applaud Capcom for having a sense of humor and amusing us while we wait for Mega Man 9 to be released.